The USD / CAD pair retested 1.3310 as expected yesterday, noting that the price remains steady below this level, keeping the bearish scenario intact over the short and medium term, supported by SMA 50.
---------- Post added 06-17-2017 at 06:29 PM ---------- Previous post was 06-16-2017 at 08:18 PM ----------
We will be waiting for negative trading during the coming sessions, and the next main target is at 1.2985, with a reminder that stability below 1.3310 represents an important condition for the continuation of the suggested bearish wave.
The expected range of support is 1.3130 and resistance at 1.3310
The expected general trend: bearish